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11 Aug Acushnet Raises 2022 Sales Outlook On Robust Second Quarter

Posted at 16:21h in FDRA, Home, Latest News

Acushnet Holdings Corp. reported second-quarter sales and earnings both easily surpassed Wall Street estimates. The parent of Titleist and Footjoy raised its outlook for sales...

11 Aug Allbirds Slashes Guidance For Year On Softening Consumer Spending

Posted at 16:21h in FDRA, Home, Latest News

Allbirds reported both sales and earnings exceeded guidance in the second quarter but the footwear maker reduced its guidance for the year due to weakening...

08 Aug Forrester Sees U.S. Online Retail Spending Reaching $1.6 Trillion By 2027

Posted at 10:40h in FDRA, Home, Latest News

In 2021, U.S. total retail sales, excluding auto and gas, reached a record high of $4.3 trillion, driven by U.S. consumers’ accumulated savings in 2020...

28 Jul Saucony Appoints Chief Marketing Officer

Posted at 21:57h in FDRA, Home, Latest News

Saucony, a division of Wolverine Worldwide, Inc., appointed Kathryn Pratt as chief marketing officer, effective immediately. In this role, Pratt will provide strategic development and execution...

28 Jul Rack Room Shoes Strengthens Merchandising Team

Posted at 21:56h in FDRA, Home, Latest News

Rack Room Shoes has strengthened its merchant team, promoting Melanie Ortlieb to senior director of planning and allocation and three senior buyers from the merchandising...

26 Jul IMBOX Protection Expands to U.S., Offers Retailers Patented In-Store Footwear Protection Technology

Posted at 16:57h in FDRA, Home, Latest News

IMBOX Protection Expands to U.S., Offers Retailers Patented In-Store Footwear Protection Technology EU Brand Opens North American headquarters in Chicago CHICAGO, July 20, 2022 – IMBOX Protection...

22 Jul Kizik Announces $20 Million Series B Funding Round

Posted at 10:43h in FDRA, Home, Latest News

Kizik, the footwear manufacturer, and its parent, HandsFree Labs, Inc., announced completing a $20 million Series B funding round. Kizik will use the funds to launch...

14 Jul U.S. Ports Set Another Record

Posted at 16:34h in FDRA, Home, Latest News

Imports set another record high this spring as the nation’s major container ports worked to reduce congestion and retailers stocked up before dockworkers’ West Coast...

14 Jul Designer Brands To License Le Tigre Footwear

Posted at 16:33h in FDRA, Home, Latest News

Designer Brands, Inc., the parent of DSW, announced an investment in and licensing agreement with Le Tigre, the American athletic apparel brand famous in the...

14 Jul Saks’ Survey Finds Luxury Spending Remains Healthy

Posted at 16:32h in FDRA, Home, Latest News

Saks released its Luxury Pulse survey. The data shows that higher-income consumers who shop luxury retail have continued spending, including indulging themselves through fashion and...